But keep in mind that this low multiple is based on forward and aggressive forecasts of corporate profits.
When asked why Andreessen Horowitz decided to put more money into the company, general partner Lars Dalgaard said it was because Zenefits had grown well beyond its own pretty aggressive forecasts.
A litany of problems will make it hard for companies to meet aggressive forecasts for 2005 problems like the trade deficit, our dependence on foreign lenders, the oil wild card and continued interest rate hikes, which may be the pin that bursts the housing bubble.
Microsoft's Internet computing effort is currently based on 200,000 servers, and the company expects that number to grow to 800,000 by 2011 under its most aggressive forecast, according to a company document.
This aggressive forecast was made after the Asian, Latin American and Eastern European countries were already experiencing financial crises, currency devaluations and economic downturns.
The aggressive forecast was made after the Asian, Latin American and eastern European countries were already experiencing financial crises, currency devaluations and economic downturns.
Gildo Zegna, chief executive of Ermenegildo Zegna, the Italian fashion house, acknowledges there are "several barriers to more aggressive growth forecasts" in Brazil.
The Australian equity market is not especially expensive: The 12-month forward price-earnings ratio is about 16, which is in line with the average over the past three years and below a recent high of 18. Keep in mind, however, that this low multiple is based on aggressive forward forecasts of corporate profits.
This person also adds that fraud wasn't part of that early conversation with Partovi, that Partovi's concern, rather, was over aggressive revenue forecasts and that, pushed on whether Hampton Creek could grow into those numbers, Partovi said they were not unachievable based on the pipeline of products that the company intended to bring to market.
Buffett gave an aggressive earnings forecast for Berkshire's collection of businesses, said the company would engage in record capital spending and forecast a recovery in the housing market would start within a year.
"However, in hindsight, it looks like we were unnecessarily and unduly aggressive in forecasting profitability for the fourth quarter".
